Fraudsters are becoming increasingly sophisticated and more efficient in identifying and exploiting vulnerabilities. As a result, merchants are paying more per dollar of fraud and losing a significantly higher percentage of revenue to fraud than in past years, with large ecommerce merchants and international merchants taking the hardest hit.1
Digital River has been helping online merchants identify and fight fraud for more than 20 years, running thousands of ecommerce sites worldwide. Through our Transaction Defender® payment fraud prevention system, we not only provide the tools you need, we also manage them for you. And, if we take on the Merchant of Record role on your behalf, we can also accept financial liability associated with fraud.
Because fraud methods vary greatly by market, channel and payment method, etc., it’s important to find the right mitigation strategy and solution. While a variety of traditional fraud management methods have proven successful historically, Digital River continues to find new and innovative ways to protect online transactions across the globe. Our combination of a flexible screening engine, analytics, process controls and experience can help you accept more legitimate orders and minimize payment risk.
When it comes to fighting fraud, there is strength in numbers. We continuously monitor all of our clients’ sites so that we can identify fraud patterns from all over the world. You benefit from the community data gathered by our broad client base using Transaction Defender® to screen hundreds of millions of transactions originating from thousands of ecommerce sites in more than 190 countries.
We have dedicated global fraud prevention teams who are highly knowledgeable about what is or is not normal purchasing behavior. They are skilled at analyzing fraud trends and patterns around the clock and constantly developing proactive countermeasures to protect and maximize your revenue. Our experts will help you define your fraud processes and keep fraud under control.
When you partner with Digital River, you’re partnering with the most comprehensive online fraud detection and prevention system you can find. We’ll help you welcome your customers in – while locking the criminals out.
1 Source: 2014 LexisNexis® True Cost of Fraud study
The Transaction Defender® payment fraud prevention system uses many different methods and tools to identify and prevent payment fraud. Transaction information gathered at checkout is filtered through each of these tools. If fraud is detected at any point, the transaction is stopped.
Cyber fraud rings use cheap labor and multiple computers to attack hundreds of ecommerce sites at the same time. Because these attacks are highly coordinated and the data entered always changes, it’s very difficult to detect these attacks. However, the machines are a constant. Digital River PC and Device Fingerprinting can identify and shut down these computers, neatly preventing the attack in process.